JigneshDavda

Double Bottom with Divergence

Long
JigneshDavda Updated   
FX:EURGBP   Euro / British Pound
EURGBP Setting up a possible Double Bottom

RSI is diverging and hold the trendline

Price is testing a smaller channel and holding. Good RR from the bottom of the channel, otherwise further confirmation with an upside break of channel
Trade closed manually:
The spike down today broke the previous low, which makes the trade setup less attractive. My stop was close to being taken out (within 1 pip!) but did not, therefore taking the opportunity to close here for break even

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